Plan Ledger DOL Form 5500 · updated monthly

The Children's Center Utah401(k)

EMPLOYEE BENEFIT PLAN OF THE CHILDREN'S CENTER UTAH · WEST VALLEY CITY, UT · plan year 2024

Reported admin expense ratio · 2024
0.95%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

The Children's Center Utah reported $39,127 in plan administrative expenses for 2024: 0.95% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,796 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.78% to 0.95%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Utah (625th of 848), and 8,121st of 11,911 in health care & social assistance. In 2024, employees put in $1.49 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,646,122
Participants with balances132
Active participants99
Employer contributions$276,776
Employee contributions$413,768
Employer contribution per active participant$2,796
Average account balance$35,198
Benefits paid to participants$227,195
Plan auditUnmodified (clean) audit opinion
AuditorTANNER LLC
Plan history3
Yearassets · accounts · employer contribution
2024$4.6M · 132 accts · $277K emplr
2023$3.6M · 146 accts · $231K emplr
2022$3.1M · 132 accts · $225K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,910
Investment management$23,217
Total administrative$39,127
The The Children's Center Utah 401(k) match · 2024
Employer contribution per active participant$2,796
Median for plans this size$1,313
2024$2,796 per active participant
2023$2,198 per active participant
2022$2,248 per active participant

The Children's Center Utah's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
MORGAN STANLEY · Investment advisory (plan)$20,080
EMPOWER ADVISORY GROUP, LLC · Investment management$3,137

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$39,127 · 0.95%
2023$29,922 · 0.89%
2022$25,136 · 0.78%
Similar plansHealth Care & Social Assistance · Utah
Stonehenge of Orem LLC UT$5.1M · 1.28%
Carexm, LLC UT$4.7M · 1.10%
Aegis Management, LLC UT$4.6M · 1.17%
Cd Newco, LLC UT$4.6M · 0.65%

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Source: U.S. Department of Labor, Form 5500 series, EIN 876114073 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.